Greek shipping company Maran Tankers has placed an order for four new very large crude carriers (VLCCs) at South Korea’s Hanwha Ocean, marking its return to the VLCC newbuilding market after a four-year hiatus. The contract, valued at KRW 757.7 billion ($516 million), covers four 320,000 dwt crude carriers, with delivery scheduled for late 2028. This move highlights Maran Tankers' long-standing relationship with Hanwha Ocean, previously known as Daewoo Shipbuilding & Marine Engineering. Maran’s latest order comes amid rising demand for new VLCCs and tightening capacity at top-tier shipyards. Hanwha Ocean has also secured VLCC orders from other major companies such as Capital Maritime, Tsakos, and Scorpio this year.